The Cypriot oil and gas company will pay Delek $148.5 million for the two small Israeli gas fields. Cypriot energy company Energean Oil & Gas is to buy Israel’s ... Read More
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the ... Read More
Turkey needs to mend relations with Cyprus before the Cypriot government will allow a Turkish-Israel gas pipeline to cross its territory, a government spokesman said. The remarks came a ... Read More
A natural gas pipeline between Bulgaria and Greece will be eligible for financing under an EU investment scheme once it completes a market test of demand in September, Energy ... Read More
Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million from their level at the end of the previous month. ... Read More
Shell leads writedowns with $8.2 billion in impairments Predictions of future cash flow have fallen along with prices More than $19 billion in oil and gas writedowns have been ... Read More
Cheap gas isn’t going away and solar is gaining market share Bloomberg New Energy Finance forecasts `age of plenty’ Michael Liebreich, the founder of Bloomberg New Energy Finance, set out ... Read More
There is an urgent need to cut regional energy subsidies as government budgets are squeezed by slumping oil prices, the UAE Minister for Energy said on Sunday. Opening an ... Read More
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and ... Read More
Italian energy group Eni says it has found one of the world’s largest natural gas fields off Egypt’s coast. The company said the area was 1,450m (4,757 feet) beneath ... Read More
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